Help | RSS Feed



Candente Gold Corp. (TSXV:CDG.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Candente Gold Corp. (TSXV:CDG.V) seasonal charts above shows that a Buy Date of December 10 and a Sell Date of March 7 has resulted in a geometric average return of 29.26% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is a fair rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 9 years by an average of 69.18% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of CDG.V, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Candente Gold Corp is a mineral exploration company. The company is engaged in the exploration of mineral right interests in Mexico and Peru. Its principal asset is the El Oro gold property and Tres Marias project. Geographically the company caters its services to Peru, Mexico, and Canada.

To download CDG.V seasonal chart data, please log in or Subscribe.

 

Stocks mentioned in this post:

    Search Seasonal Charts by Symbol, Company, or Term

   Symbols by Letter: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z